Should You Buy XRP (Ripple) While It's Under $3?

Core Viewpoint - XRP is perceived to be overvalued at $2.50 per coin, with expectations of a price correction due to unrealistic price targets and assumptions about its market dominance [3][8]. Group 1: Market Performance - XRP has experienced a significant increase of 355% over the past 52 weeks, largely attributed to the favorable political climate following the recent U.S. elections [4][8]. - The rise in XRP's value outpaced other major cryptocurrencies like Bitcoin and Ethereum, which did not see similar gains [5][8]. Group 2: Regulatory Environment - Although the SEC lawsuit against XRP has been dismissed, the Trump administration has not yet established a comprehensive legal and regulatory framework for cryptocurrencies, leaving uncertainty in the market [6]. - The Genius Act has provided some clarity for stablecoins, but the broader Clarity Act is currently stalled due to a government shutdown, which affects the regulatory landscape for XRP and other cryptocurrencies [6]. Group 3: Market Dynamics - The global payments market remains fragmented, and XRP is unlikely to achieve dominance in this space in the near future [8]. - XRP's exclusion from the anticipated Strategic Bitcoin Reserve has contributed to the perception that its recent price surge may not be sustainable [7].